Should You Opt Out of Overdraft Protection?
As of last week, a new federal rule has banned banks and credit unions from automatically enrolling customers in a costly overdraft-protection plan. Now consumers must grant permission for them to extend credit to cover an amount if the cash is not in your account. There are good things and bad things about this new rule. We came across an article that lays out the new options available to consumers. Click here to read the story.
If you have questions about the new overdraft rules and how it effects you, we can help!
Contact us online or call The Law Offices of Jacoby & Jacoby at 631-289-4600 to schedule a FREE consultation to discuss your individual situation and all of your options.